Simpson Thacher is representing Blackstone in connection with its proposed majority growth investment in NetBrain Technologies (“NetBrain”), which values NetBrain at $750 million.
NetBrain is the market leader in network automation and AI, powering some of the world’s largest and most complex networks – including those of more than one-third of the Fortune 500. The company pioneered intent-based network automation technology, which creates a digital-twin of the network and enables AI to orchestrate and automate many of the manual tasks in network operations.
The Simpson Thacher team included Anthony Vernace, Erica Egenes, Theresa Scharff, Luca Tomasi and Michel Stuebi (M&A); Sophie Staples, Jonathan Goldstein and Matthew Lester (Tax); Gregory Grogan, Caitlin Lucey and Mtume Sangiewa (Executive Compensation & Employee Benefits); Carolin Geiger, Kate Mirino and Christian Bond (Intellectual Property); Peter Guryan, Kelly Karapetyan and Richard Jamgochian (Antitrust); Steven DeLott (Insurance); and Leah Malone, Emily Holland and Chayla Sherrod (ESG).